City

Commercial Lease Guides for New York

New York-specific guidance on the lease clauses that move deal economics. Each page covers local conventions, common pitfalls, and what to verify during abstraction.

CAM Charges
NYC CAM Charges: Class A Office Pass-Through Norms
NYC commercial CAM charges: NYC Comptroller building service employee wage schedules, operating expense escalations, and Class A office pass-through norms.
Renewal Options
NYC Renewal Options: FMV and Arbitration Clauses
NYC commercial lease renewal options: FMV reset with arbitration fallback, 9-12 month notice norms, and how Class A market comps drive Manhattan renewals.
Rent Escalation
NYC Rent Escalation: Porter Wage and CPI Bumps
NYC rent escalation clauses: 3% Manhattan annual step-ups, CPI bumps, and porter wage escalators tied to NYC building service employee schedules.
Termination Clauses
NYC Lease Termination: Default and Surrender Rights
NYC commercial lease termination: New York default rules, surrender requirements, break clause economics, and Manhattan practice on early-exit fees.